Cryptocurrency

On October 22-23, the Blockchain Life 2024 forum will take place in Dubai. Over 10,000 participants from 120 countries will come together for the crypto event to share industry insights on the eve of Bull Run 2025.Participants will hear from leading voices in the blockchain space, who will share market analysis on market trends and potential future developments.Confirmed figures include:The forum is coming soon. Readers can purchase tickets with a 10% discount using promo code chainwire. ContactMariainfo@blockchain-life.comThis article was originally published on Chainwire More

SUI meme token $HIPPO donates 5M Thai Baht and enters into an official charity partnership with Moo Deng’s zoo – Khao Kheow Open Zoo The SUI Moo Deng fan token Sudeng – $HIPPO has officially entered into a charitable partnership with Khao Kheow Open Zoo donating a hugely significant 5 million Thai Baht (approx US$150k) to the zoo and zoos of Thailand.$HIPPO’s team were in Thailand represented by Kullathida Othong, to creating a strong and lasting charity partnership to support Moo Deng’s zoo and the other zoos of Thailand citing the difficulties the North of Thailand’s wildlife is facing from the current floods.$HIPPO is a community-focused project and the leading meme on the SUI ecosystem with a current market cap of $160m, the team is looking to create a sustainable ecosystem and will be announcing more significant partnerships and collaborations soon.About $HIPPO$HIPPO is the leading community driven meme on SUI, a meme inspired and in support of Moo Deng. No cats, no dogs, only $HIPPO.To find out more about $HIPPO (Sudeng) please visit https://x.com/hippo_ctoContactMrMike MHippo CTOhiippocto@gmail.comThis article was originally published on Chainwire More

Betting markets also showed investors leaning more towards a Donald Trump presidency over Kamala Harris, which presents a better regulatory outlook for crypto. Bitcoin tracked strong gains in global stock markets after stronger-than-expected U.S. nonfarm payrolls data quashed fears of a U.S. recession. But the reading also diminished expectations for deep interest rate cuts by the Federal Reserve. Bitcoin rose 2.7% to $63,558.3 by 00:41 ET (04:41 GMT).Crypto betting platform Polymarket showed traders pricing in a 50.6% chance of a Trump victory in the 2024 U.S. elections, compared to 48.4% for Harris.The shift towards Trump comes after the former President held a rally at Butler, Pennsylvania- where he was subject to an assassination attempt earlier this year. Tesla Inc (NASDAQ:TSLA) CEO Elon Musk also made an appearance at the rally, endorsing Trump.Trump has presented a pro-crypto stance in his campaigning efforts, and also accepts donations in crypto. He has also promised to enact crypto-friendly regulations if elected. Harris, on the other hand, has offered no insight into her stance on crypto, and is expected to potentially continue the Biden administration’s crackdown against the sector. Broader crypto markets rose on Monday, tracking gains in Bitcoin and as risk sentiment improved. World no.2 crypto Ether rose 3% to $2,487.07, while altcoins SOL, XRP and ADA rose between 2.3% and 5%. MATIC was flat, while DOGE rose 4.7%. Further gains in crypto were held back as the dollar rebounded on expectations of smaller interest rate cuts.Focus this week is on more cues on the U.S. economy, after stronger-than-expected nonfarm payrolls data last week saw traders wipe out bets on a 50 basis point rate cut. Traders were seen pricing in an over 90% chance for a 25 bps cut in November, and were also seen pricing in a higher terminal rate, according to CME Fedwatch.A slew of Fed officials are set to speak in the coming days, while the minutes of the Fed’s September meeting are due this week.Consumer price index inflation data is also due this week, and is likely to factor into the Fed’s outlook on rates.   More

Of particular note is the uneven distribution of these liquidations, with 78% — or $3.76 million — coming from long positions. The collapse appears to be due to bullish investors trying to capitalize on a potential price spike.Just yesterday, Bitcoin showed promising price action, briefly surpassing $62,000 per BTC, fueling optimism about a possible march to a new all-time high.However, the market quickly changed direction. Instead of an immediate breakout, the cryptocurrency encountered a series of red candlesticks. While this did not result in a significant price drop, it did result in a notable cascade of long liquidations.After finding a bottom at $60,700, BTC’s performance has left traders somewhat in limbo as they eye $53,000 and $66,000 as two main options for the near future, and as we may see, the bulls are leading the charge as they have managed to take the tug to their side by over 3% so far.Is another attempt at a new all-time high in play? Based on the recent price action, yes is the more likely answer. However, it is still a long way to go as bulls would first have to defend the weekly close above $60,700, get to $66,000 per BTC and then perhaps hold there for another week.This article was originally published on U.Today More

For those investors who are seeking to preserve capital over the long term, Bitcoin is the preferred asset due to its decentralized structure and store of value narrative. Higher liquidity, a strong infrastructure supported by institutional investors and a large network effect are all advantages of Bitcoin. This gives Bitcoin a stable market advantage over many other cryptocurrencies.However, Cardano presents itself as a blockchain platform that goes beyond Ethereum and other smart contract platforms to offer a more sustainable and scalable solution. With its peer-reviewed academic methodology and proof-of-stake consensus, Cardano seeks to provide scalability, energy efficiency and a solid foundation for projects involving decentralized apps and decentralized finance.Despite these developments in technology, ADA has come under fire for its sluggish adoption and development, which may have something to do with its pricing issues. The majority of investors are concerned about ADA’s competitiveness in the crowded market for smart contract platforms because its price has decreased dramatically over the last 12 months.Max Kaiser made an extremely bold prediction, but it is in line with the views of some investors who think Bitcoin will only become more and more dominant. Long-term success for Cardano, however, will rely on its capacity to fulfill its commitments, draw developers and cultivate an ecosystem that will be useful for the majority of investors.This article was originally published on U.Today More

This comes only a few weeks after developers notified the public of the advent of high-risk vulnerability and a software bug. These loopholes were focused on one in every six Bitcoin nodes, disrupting their operations. Precisely, these vulnerabilities made nodes very susceptible to DoS attacks from malicious actors. All the attacker had to do was exhaust the nodes with low-difficulty header chains.Once these nodes were able to download long chains that exceed their bandwidth, a potential crash followed. With Bitcoin Core 28.0 and its additional security enhancement, this is no longer a challenge. To a large extent, this latest development supports reproducible builds, allowing experienced users to compile identical binaries in addition to those distributed on the BTC Core official website.In the long run, it promotes trust and transparency within the BTC community.Recently, Bitcoin rolled toward $62,000 but has refused to register more upsurge even with the release of U.S. job data. The coin is currently trading at $62,121.25, up 1.65% in 24 hours per CoinMarketCap data.While not immediate, the Bitcoin Core update might impact the overall performance when investors price this in properly.This article was originally published on U.Today More

It is worth noting that Dogecoin was made as a joke on Bitcoin, using BTC code as a basis. Besides, Markus is known on X as “Shibetoshi Nakamoto” — another joking reference to the Bitcoin creator’s pseudonym.Therefore, Billy Markus does not seem to expect any true original revelations from the documentary. Its creators interviewed many people, including Adam Back — a prominent cryptographer, who corresponded with Satoshi before the Bitcoin launch.Billy Markus was also several times asked on X if he is Satoshi and he always responded sarcastically to refute those speculations. Probably in light of all these developments, in a recent tweet, Markus stated: “i can’t wait to be underwhelmed and disappointed by the hbo satoshi documentary.”Finally, Adam Back emphasized in today’s X post that Satoshi stopped using his pseudonym in 2011. “No one knows anything, so i think we’ll never know who it was. and that’s a good thing,” he summarized.This article was originally published on U.Today More

This Bitcoin was mined only one month after the initial cryptocurrency’s launch in March 2009.Earlier, Sept. 24, this Bitcoin whale moved 5 BTC to Kraken. As of now, the wallet still holds approximately $72.5 million, or 2,049.95 BTC.Bitcoin surged 3% on Friday, climbing past $62,000 following a stronger-than-expected U.S. jobs report. The U.S. added 254,000 jobs in September, far surpassing predictions of 140,000, which bolstered optimism for the broader economy and helped drive Bitcoin’s rise.Earlier in the week, Bitcoin had dropped 6%, falling to around $60,000.However, in anticipation of the positive jobs data, the cryptocurrency gradually recovered. After a brief dip following the report’s release, Bitcoin spiked over 1%, with other cryptocurrencies like Ethereum and XRP experiencing similar gains.This article was originally published on U.Today More